VEON Ltd. (VEON)
NASDAQ: VEON · Real-Time Price · USD
57.08
+0.04 (0.07%)
At close: Aug 14, 2026, 4:00 PM EDT
57.80
+0.72 (1.26%)
After-hours: Aug 14, 2026, 7:21 PM EDT
VEON Ltd. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 4,758 | 4,399 | 4,004 | 3,698 | 3,628 | 3,725 |
Other Revenue | - | - | - | - | 127 | 125 |
| 4,758 | 4,399 | 4,004 | 3,698 | 3,755 | 3,850 | |
Revenue Growth | 14.71% | 9.87% | 8.28% | -1.52% | -2.47% | 10.57% |
Cost of Revenue | 615 | 526 | 515 | 441 | 476 | 484 |
Gross Profit | 4,143 | 3,873 | 3,489 | 3,257 | 3,279 | 3,366 |
Selling, General & Admin | 1,984 | 1,824 | 1,731 | 1,572 | 1,503 | 1,476 |
Amortization of Goodwill & Intangibles | 235 | 224 | 199 | 208 | 221 | 194 |
Other Operating Expenses | 38 | 39 | 67 | 73 | 29 | 50 |
Operating Expenses | 2,864 | 2,665 | 2,526 | 2,380 | 2,310 | 2,325 |
Operating Income | 1,280 | 1,208 | 963 | 877 | 969 | 1,041 |
Interest Expense | -606 | -535 | -495 | -531 | -583 | -591 |
Interest & Investment Income | 72 | 52 | 49 | 60 | 32 | 13 |
Currency Exchange Gain (Loss) | 24 | -41 | 9 | 81 | 181 | -7 |
Other Non Operating Income (Expenses) | -51 | -4 | -6 | -7 | -20 | 19 |
EBT Excluding Unusual Items | 718.5 | 680 | 520 | 480 | 579 | 475 |
Gain (Loss) on Sale of Investments | 23 | 23 | 37 | 27 | 29 | 7 |
Gain (Loss) on Sale of Assets | -71 | 402 | 150 | 46 | 87 | 9 |
Asset Writedown | -10 | -9 | -3 | 6 | 107 | -27 |
Legal Settlements | -170 | -170 | - | - | - | - |
Other Unusual Items | -133 | -141 | - | - | - | - |
Pretax Income | 356 | 785 | 704 | 559 | 802 | 464 |
Income Tax Expense | 228 | 194 | 217 | 179 | 69 | 344 |
Earnings From Continuing Operations | 128 | 591 | 487 | 380 | 733 | 120 |
Earnings From Discontinued Operations | - | - | - | -2,830 | -742 | 681 |
Net Income to Company | 128 | 591 | 487 | -2,450 | -9 | 801 |
Minority Interest in Earnings | -69 | -59 | -72 | -78 | -153 | -127 |
Net Income | 59 | 532 | 415 | -2,528 | -162 | 674 |
Net Income to Common | 59 | 532 | 415 | -2,528 | -162 | 674 |
Net Income Growth | -94.00% | 28.19% | - | - | - | - |
Shares Outstanding (Basic) | 69 | 70 | 71 | 70 | 70 | 70 |
Shares Outstanding (Diluted) | 71 | 72 | 72 | 70 | 70 | 71 |
Shares Change | -2.70% | -0.94% | 3.13% | -0.28% | -1.18% | 1.19% |
EPS (Basic) | 0.85 | 7.62 | 5.86 | -35.99 | -2.31 | 9.60 |
EPS (Diluted) | 0.85 | 7.50 | 5.75 | -36.04 | -2.31 | 9.60 |
EPS Growth | -93.71% | 30.44% | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 875 | 620 | 523 | 1,580 | 1,923 | 1,939 |
Free Cash Flow Per Share | 12.33 | 8.64 | 7.22 | 22.49 | 27.30 | 27.20 |
Gross Margin | 87.07% | 88.04% | 87.14% | 88.08% | 87.32% | 87.43% |
Operating Margin | 26.89% | 27.46% | 24.05% | 23.72% | 25.81% | 27.04% |
Profit Margin | 1.24% | 12.09% | 10.37% | -68.36% | -4.31% | 17.51% |
Free Cash Flow Margin | 18.39% | 14.09% | 13.06% | 42.73% | 51.21% | 50.36% |
EBITDA | 1,850 | 1,738 | 1,473 | 1,612 | 1,747 | 1,840 |
EBITDA Margin | 38.87% | 39.51% | 36.79% | 43.59% | 46.52% | 47.79% |
D&A For EBITDA | 570 | 530 | 510 | 735 | 778 | 799 |
EBIT | 1,280 | 1,208 | 963 | 877 | 969 | 1,041 |
EBIT Margin | 26.89% | 27.46% | 24.05% | 23.71% | 25.80% | 27.04% |
Effective Tax Rate | 64.05% | 24.71% | 30.82% | 32.02% | 8.60% | 74.14% |
Revenue as Reported | - | - | - | - | 3,755 | 3,850 |